Remuneration Committee

Aremuneration committee was set up on 20 March 2006 with written terms ofreference to oversee the remuneration policy and structure for all Directorsand senior management. The remuneration committee comprised three members,namely, Mr. Chan Ngai Fan, Ms. Cheung YinMan Monica and Mr. Li Wei of which the members ofthe remuneration committee, all are being independent non-executive Directors.The role and function of the remuneration committee include the determinationof the specific remuneration packages of all executive Directors, includingbenefits in kind, pension rights and compensation payments, including anycompensation payable for loss or termination of their office or appointment,and make recommendations to the Board of the remuneration of independentnon-executive Directors. The remuneration committee is chaired by Mr. Chan Ngai Fan.

Remuneration Committee’s members:

Mr. Chan Ngai Fan (Chairman)

Ms. Cheung Yin Man Monica

Mr. Li Wei